Tax

movie film camera projector

High Court dismisses professional negligence claim against tax QC

Professional negligence allegations brought against leading tax silk Andrew Thornhill QC have been dismissed by the High Court. The established silk was sued by 100 investors over advice he provided in relation to three similar film finance tax schemes between 2002 to 2004. The film tax scheme was created in the 1990s to encourage investment […]

HICBC: January 2022 update – 2017/2018 tax position

A number of taxpayers with HICBC appeals awaiting the outcome of the forthcoming Court of Appeal in HMRC v Wilkes have recently contacted the firm about correspondence received from HMRC about their 2017/18 tax position.

Orrick hires Taylor Wessing partner in first City lateral this year

A Taylor Wessing partner is set to join the London office of Orrick Herrington & Sutcliffe, after over 14 years at her former firm. Tax partner Anna Humphrey is making the move, who specialises in employee incentives and executive compensations, advising clients from the technology sector. As part of her practice, she helps international groups […]

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Kirkland hires new lateral from Ashurst

Kirkland & Ellis is bulking up its tax department in London, hiring a new partner from Ashurst. Alexander Cox is making the move to the US giant after nearly 25 years at Ashurst. He has been a partner there since 2007.  Focusing his practice on the structuring of investment funds, Cox advises on management company […]

10 Upper Bank Street Clifford Chance
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“A lockdown decision”: CC’s tax chief steps down

The head of Clifford Chance’s tax and employment practice is to retire from the partnership, explaining that the “upheaval of the pandemic has led me to reassess my priorities”. Dan Neidle will leave the firm’s partnership next April and will be succeeded for a four-year term by Sonia Gilbert, who advises across all sectors on […]

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White & Case tax partner to join US rival

White & Case has lost a tax partner to another US firm in London, the firm’s second departure in a week after Tom Bartlett’s move to Latham & Watkins. White & Case’s Peita Menon is to move to Vinson & Elkins after spending his entire career at the firm, having joined in 2005. As part […]

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Freshfields tax partner exits for Latham

Latham & Watkins has hired its latest partner out of the magic circle, this time a member of Freshfields Bruckhaus Deringer’s tax team. The US firm’s London office has recruited Helen Lethaby, who has been a partner at Freshfields since 2005. She qualified in 1997. Lethaby advises on the tax aspects of transactions, with a […]

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Macfarlanes tax partner quits for Kirkland

Kirkland & Ellis is replenishing its tax team with the hire of a Macfarlanes partner, two months after securing a funds recruit from the same firm. Peter Abbott is leaving Macfarlanes’ tax group after five years as a partner. He trained at Macfarlanes and was later a visiting attorney at Wachtell Lipton Rosen & Katz. […]

Gherkin Kirkland

Goodwin nabs another Kirkland tax partner

Goodwin Procter is continuing apace with its London lateral hiring spree, taking on its third Kirkland partner in less than two months. The firm has brought in partner David Irvine, who has spent two years at Kirkland. He previously worked for more than seven years in the London office of Weil Gotshal & Manges, first […]

Kirkland exits mount as Goodwin nabs tax partner

Goodwin has hired a tax partner from Kirkland & Ellis, marking the latest addition in a sustained streak of lateral hiring. The US firm has taken on London partner Dulcie Daly, who has spent seven years as a partner at Kirkland. As part of her practice, she works on UK and international tax planning in […]

Virtual barristers’ chambers hires first silk

Since launching as a virtual set in the summer, Addington Chambers has increased its total headcount to 11 and has hired its first silk. Michael Ashe QC SC, who was called to the Bar in 1978, joins the set from 9 Stone Buildings where he built a practice focused on company law, financial services and […]

germany

Freshfields pays €10m in cum-ex settlement

Freshfields Bruckhaus Deringer has made a voluntary payment of €10m, bringing to an end a long-running probe launched by the German authorities into “cum-ex” tax transactions. The firm had come under scrutiny from the Frankfurt authorities over cum-ex trading, a controversial practice that was prohibited in Germany in 2012. Investigators have since been probing deals carried […]